Canadian Exports Drop
Following Rate Increase

Dow Jones Newswires

Updated Nov. 11, 2004 12:01 a.m. ET

TORONTO -- A fall in Canadian exports in September has some economists sounding alarms about the stronger Canadian dollar's impact and wondering if the Bank of Canada's monetary-tightening agenda could be derailed by a deteriorating trade picture.

The trade surplus was 5.06 billion Canadian dollars (US$4.24 billion) in September, down from C$6.44 billion in August. The August total was revised lower from a preliminary C$7.42 billion....